Project Nexus go-live is set to be delayed. Ofgem is consulting on several future options for the new settlement system for the gas industry, which was due to go live on 1 October, but it is now likely to be…
News
Gaelectric announces financial close on 51MW of wind farms
by New Power •
Gaelectric, the renewable energy and energy storage group, has reached financial close on five wind farms in Northern Ireland. Debt of £67million, arranged through German bank, Nord/LB on an 18-year term, will be a major component of the total £74…
Perspective
Leadsom claims on Brexit bemuse energy industry
by New Power •
Energy minister Andrea Leadsom’s speech calling for a vote to exit from the EU got short shrift from members of the UK energy industry. It was described as ‘amazingly light on content’ by one industry member and there was surprise…
News
ABDA criticises government for lack of ambition on anaerobic digestion
by Annabel Andrews •
The government’s latest review of support for Anaerobic Digestion (AD) and micro-CHP will make it “even harder to deploy viable AD plants”, according to the industry body, the Anaerobic Digestion and Bioresources Association (ABDA). The consultation is seeking input on the…
News
Moody’s assigns highest green investment grade to Tennet green bonds
by Annabel Andrews •
Ratings agency Moody’s has assigned it’s highest grade (GB1) to latest green bond offering from Tennet, the Dutch state-owned electricity transmission system operator. The bonds, called Green Medium Term Notes will be offered as part of Tennet’s Euro Medium Term Note Programme and…
News
Anesco Community Energy buys two solar farms
by Annabel Andrews •
Anesco Community Energy has purchased another two solar farms near Stratford-upon-Avon, bringing the company’s generation capacity to 19MW, including 4MWh of battery storage. It has agreed the purchase of the sites, named Willows and Poplars, from Anesco Ltd. The purchase…
News
40MW straw-fired biomass plant goes live in Lincolnshire
by Annabel Andrews •
The 40MW Brigg Renewable Energy Plant 40MW straw-fired biomass plant has officially opened in Lincolnshire, making it the largest dedicated straw fired biomass plant in the UK. The plant is owned by BWSC North Lincs Ltd (BNLL), a joint venture…
News
Tidal lagoons: call for evidence open until 31 July
by New Power •
Former energy minister Charles Hendry has published a call for evidence on feasibility and practicality of tidal lagoons in the UK. The government announced that the review would report in the autumn and the call for evidence closes on 31…
Flash update
Auto-switching site for small businesses goes live
by New Power •
Energy Scanner, an auto-switching service aimed at small and micro businesses announced its official launch. The company follows two domestic auto-switching sites, Flipper and Swuto. In March we spoke to all three companies and asked whether they would change the…